The Baltic Dry Index achieved its best annual performance since 2016.
The Baltic Dry Index for bulk shipping saw a small decline, but recorded its largest annual increase since 2016. Due to the Christmas and New Year holidays, the Baltic Dry Index report will be temporarily suspended from tomorrow and will resume on January 2, 2026. The Baltic Dry Index fell by 12 points or 0.6% to 1877 points, but has risen by 88.3% so far this year. Rico Luman, an economist at the Dutch International Group Research Center for Transportation and Shipping Economics, stated: "The current trade pattern is changing, and compared to the past, transportation efficiency has improved. This reflects the presence of many inefficient links in bulk shipping, thereby increasing market demand." The Capesize Index fell by 18 points or about 0.5% to 3319 points, hitting a new low in over a month, but has risen by 189.4% this year. Capesize ships saw a decrease in daily profits of $153 to $27,523. The Panamax Index rose by 1 point or 0.1% to 1267 points, recording its largest annual increase since 2021. Panamax ships saw an increase in daily profits of $14 to $11,405. The Supramax bulk carrier index fell by 18 points to 1144 points, with an increase of approximately 23.9% this year.
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